#progressives

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Better late than never:💡"Obama will appear with #ElSayed at an Oct 24 rally that'll also feature other top Dem candidates in MI, incl J Benson, the party’s nominee for governor. #Obama is getting significantly more involved in the midterm #elections... The Detroit event is a notable show of support for A El-Sayed, who defeated moderate Rep H Stevens in the primary & has since worked to⚡consolidate Dem support in his race🚨against Republican M Rogers. #Progressives #USPol https://www.chicagotribune.com/2026/10/05/barack-obama-abdul-el-sayed-michigan-senate-race/
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In 2026, the share of gross domestic income going to wages & salaries *LABOR SHARE🚨-LOWEST LEVEL IN THE POST-WAR PERIOD. BEA: labor share stood at 42.7% in 2023/2024 & near that level in 2025 *a sharp drop from the late 20thC aver of ~63%. A falling labor share typically indicates:🚨productivity, prices, or both: growing faster than wages, or that cap income (eg profits, int, rents) is capturing a larger share of income. -Lib St Ec #Progressives #Oligarchs #Economy #USPol https://www.epi.org/productivity-pay-gap/
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